EUR/NZD - Bearish Shark

27 เม.ย. 2017

Hello traders, here we have EUR/NZD with a bearish shark pattern on the 4h chart.

This is an excellent shorting opportunity with over 1:4 risk to reward!

The measurements for a valid shark are detailed below.
C: 1.13 - 1.618
D: 1.618 - 2.24
Final X to D: 0.886 - 1.13

This pattern could potentially turn into a 5-0 in the near future, after a successful short (chart is shown below).

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